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Power shortage in China hits Apple and Tesla suppliers

September 28, 2021
Source: marketresearchtelecast.com marketresearchtelecast.com
News Snapshot:
Companies like Apple and Tesla could have problems with their production before the main shopping season at Christmas. The widening power shortage in China has been affecting manufacturers in the major industrial centers on the east and south coast of the People’s Republic for weeks. In order to meet the stricter energy consumption guidelines, several major suppliers Apple and Tesla have suspended production in some plants. The Apple supplier Unimicron Technology has stopped production in three of its Chinese branches. The company justifies this with the “policy of local governments to limit electricity”. Concraft Holding, which makes speaker parts for...
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